3 Ways To Simplify Your Investments

by Regina

banks, investments, retirement, saving money

balancing-risk-by-lumaxart.jpgDo you have multiple investment accounts?

These days many people do, and it’s no wonder that some of us are confused about where our money is.

The good news is there are 3 things you can do to simplify your investment portfolio:

  1. Put all your investment accounts in a spreadsheet by asset class. Or use one of the free online tools on Vangard Group or Morningstar.
  2. When it makes sense, combine retirement accounts with your spouse.
  3. Update the beneficiary information on your insurance policies, retirement accounts, annuities, and estate planning documents such as wills.


Other Ways To Simplify Investments

Here are a few other great tips:

Want to add a new investment to your portfolio? Have you been hearing about how gold is the best way to go? According to one coin enthusiast, silver may be a better investment.